Natwest
Investor profile
Venture capital
Natwest has backed 18 European tech companies across 23 funding rounds between 2023 and 2026, joining rounds totalling €5.0B. Most active in Fintech and Energy. Data as of 4 Nov 2026.
Also recorded as: NatWest Group
Deals
23
distinct rounds
Companies
18
backed
Active span
2023–2026
4 yrs
Total round €
€5.0B
sum of rounds joined
Deals by year
distinct rounds / yearNatwest — deals by year — interactive chart.
Data table
| Natwest — deals by year | |
|---|---|
| 2023 | 4 |
| 2024 | 10 |
| 2025 | 8 |
| 2026 | 1 |
Top sectors
by dealsNatwest — top sectors — interactive chart.
Data table
| Natwest — top sectors | |
|---|---|
| Fintech | 7 |
| Energy | 4 |
| Software | 3 |
| E-commerce | 2 |
| Cleantech | 1 |
| Edtech | 1 |
| Gaming | 1 |
| Healthtech | 1 |
| Proptech | 1 |
| Telecom | 1 |
Stages
by dealsNatwest — stages — interactive chart.
Data table
| Natwest — stages | |
|---|---|
| Debt | 12 |
| Other | 7 |
| Growth/Late | 2 |
| Pre-Seed | 1 |
| Seed | 1 |
Countries
by dealsNatwest — countries — interactive chart.
Data table
| Natwest — countries | |
|---|---|
| UK | 22 |
| Ireland | 1 |
Co-investment network
shared roundsCo-investment network — interactive chart.
Hover a node for shared-deal counts; click a co-investor to open its profile.
Best viewed on a larger screen.
Frequent co-investors
shared rounds- ABN AMRO4
- Lloyds Bank3
- Santander3
- BBVA2
- CIBC Innovation Banking2
- NAB2
- Rabobank2
- Siemens Financial Services2
- SMBC2
- Antin Infrastructure Partners1
- Aperture Capital1
- Aviva Ventures1
- Beringea1
- BNP Paribas1
- Canadian Imperial Bank of Commerce1
- Carbonplace Limited1
- Chenavari Investment Managers1
- Citibank1
- Crédit Agricole CIB1
- Fuel Ventures1
- Goldman Sachs Alternatives1
- Haatch1
- ING1
- Interogo Holding1
- Intesa Sanpaolo1
Portfolio
top 30 by total round €| Company | Country | Rounds | Total € |
|---|---|---|---|
| CityFibre | UK | 1 | €2.7B |
| Zenobe Energy | UK | 2 | €825M |
| Carmoola | UK | 3 | €580M |
| Believ | UK | 1 | €356M |
| Statera Energy | UK | 1 | €346M |
| Be.EV | UK | 1 | €65M |
| Raylo | UK | 2 | €52M |
| Onate | Ireland | 1 | €50M |
| Carbonplace | UK | 1 | €42M |
| AccessPay | UK | 1 | €22M |
| Coadjute | UK | 1 | €12M |
| FYLD | UK | 1 | €9.3M |
| Bourn | UK | 2 | €8.0M |
| Northcoders | UK | 1 | €1.8M |
| Serene | UK | 1 | €1.1M |
| Ripstone | UK | 1 | €727k |
| Open Bionics | UK | 1 | €719k |
| FourTwoThree | UK | 1 | €0 |
Biggest deals
top 10 by amount| Company | Stage | Amount | Date |
|---|---|---|---|
| CityFibre | Debt | €2.7B | 2025-07 |
| Zenobe Energy | Debt | €481M | 2024-05 |
| Believ | Debt | €356M | 2025-06 |
| Carmoola | Growth/Late | €352M | 2025-06 |
| Statera Energy | Debt | €346M | 2023-11 |
| Zenobe Energy | Debt | €172M | 2024-01 |
| Zenobe Energy | Debt | €172M | 2024-01 |
| Carmoola | Debt | €120M | 2024-09 |
| Carmoola | Debt | €108M | 2023-02 |
| Be.EV | Debt | €65M | 2024-06 |